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Do It! Review 11-04b a On January 1, 2022, Monty Corp. purchased 5,500 shares of treasury stock. Other information regarding Monty Corp. is provided as

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Do It! Review 11-04b a On January 1, 2022, Monty Corp. purchased 5,500 shares of treasury stock. Other information regarding Monty Corp. is provided as follows. Net income Dividends on preferred stock Dividends on common stock Weighted average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year 2022 2021 $118,000 $108,000 $39,150 $39,150 $20,100 $19,000 45,200 54,000 $756,000 $594,000 $904,000 $756,000 (a) Compute return on common stockholders' equity for each year. (Round answers to 1 decimal place, e.g. 15.2.) 2022 2021 Return on common stockholders' equity % % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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